American Eagle Outfitters, Inc. (NYSE:AEO) Receives $25.00 Consensus Price Target from Brokerages

American Eagle Outfitters, Inc. (NYSE:AEO) has earned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $25.00.

Several analysts have recently weighed in on the company. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 target price on shares of American Eagle Outfitters in a research report on Wednesday. UBS Group decreased their price objective on American Eagle Outfitters from $35.00 to $34.00 and set a “buy” rating for the company in a report on Friday, August 30th. StockNews.com cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Monday, September 2nd. TD Cowen decreased their price target on shares of American Eagle Outfitters from $25.00 to $23.00 and set a “hold” rating for the company in a research note on Friday, August 30th. Finally, Jefferies Financial Group dropped their price objective on shares of American Eagle Outfitters from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Tuesday, November 12th.

Insider Buying and Selling at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,283 shares of American Eagle Outfitters stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $21.49, for a total value of $49,061.67. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jennifer M. Foyle sold 30,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $21.79, for a total value of $653,700.00. Following the completion of the transaction, the insider now owns 200,427 shares of the company’s stock, valued at $4,367,304.33. The trade was a 13.02 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,050,702 shares of company stock valued at $21,148,718. 7.30% of the stock is owned by corporate insiders.

Institutional Trading of American Eagle Outfitters

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Kathleen S. Wright Associates Inc. purchased a new stake in American Eagle Outfitters during the third quarter worth $32,000. Advisors Asset Management Inc. boosted its position in shares of American Eagle Outfitters by 171.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock worth $57,000 after buying an additional 1,608 shares in the last quarter. Innealta Capital LLC acquired a new stake in American Eagle Outfitters in the 2nd quarter valued at about $78,000. nVerses Capital LLC purchased a new position in American Eagle Outfitters during the 2nd quarter valued at about $108,000. Finally, Picton Mahoney Asset Management acquired a new position in American Eagle Outfitters during the second quarter worth about $140,000. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Trading Up 3.6 %

AEO stock opened at $19.24 on Friday. The company’s 50 day moving average is $19.79 and its two-hundred day moving average is $20.60. American Eagle Outfitters has a twelve month low of $16.88 and a twelve month high of $26.44. The stock has a market cap of $3.70 billion, a P/E ratio of 15.39, a PEG ratio of 0.93 and a beta of 1.52.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Thursday, August 29th. The apparel retailer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. American Eagle Outfitters had a net margin of 4.58% and a return on equity of 20.98%. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the company earned $0.25 earnings per share. American Eagle Outfitters’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, equities research analysts predict that American Eagle Outfitters will post 1.77 earnings per share for the current year.

American Eagle Outfitters Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 30th. Investors of record on Friday, October 11th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, October 11th. This represents a $0.50 annualized dividend and a yield of 2.60%. American Eagle Outfitters’s dividend payout ratio is currently 40.00%.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.